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Ethereum's volatility is approaching a historic low - CryptoRolling.com

Ethereum’s volatility is approaching a historic low

Ethereum’s volatility is approaching a historic low

Analytics
November 14, 2019 by cryptorolling.com
176
The average volatility of the ETH/USD pair has fallen to 1.73% over the last 10 days. Thus, the index approached the historical minimum.
009608

It is believed that the decrease in volatility is indicative of the uncertainty of market participants. After the price shrinks, traders usually expect a strong movement.

In July, analysts of San Francisco Open Exchange (SFOX) said that the increased correlation between Bitcoin and Ethereum will allow excluding the second in terms of capitalization of the cryptocurrency from the category of alto-currencies.

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